INDUS successfully completes acquisition of British company COLSON X-Cel

EQS-News: INDUS Holding AG / Key word(s): Investment
INDUS successfully completes acquisition of British company COLSON X-Cel

06.06.2024 / 11:50 CET/CEST
The issuer is solely responsible for the content of this announcement.

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INDUS successfully completes acquisition of British company COLSON X-Cel

Bergisch Gladbach, 6 June 2024 - With the closing on 5 June 2024, stock
exchange listed INDUS Holding AG has completed the acquisition of the
British company COLSON X-Cel. The medium-sized manufacturer of industrial
valves for the control and regulation of liquids and gases is now wholly
owned by the INDUS Group. In March 2024, Pneumatic Components Ltd (PCL), a
subsidiary of the INDUS portfolio company HORNGROUP, had signed the
contracts for the acquisition of the company, which is based in Rotherham,
South Yorkshire.

"With its direct access to the UK and US markets and its globally oriented
activities, including in the Middle East, COLSON fits very well into our
internationalization strategy," says Axel Meyer, member of the INDUS Board
of Management responsible for the Engineering segment. "In the further
development of our portfolio companies, we are actively focusing on opening
up new markets. Local presence is becoming increasingly important,
especially in times of growing protectionism."

The initial consolidation of COLSON X-Cel is scheduled for 1 June 2024. In
the current financial year, INDUS also acquired the AI specialist GESTALT
AUTOMATION at the first level and the remaining shares in Hauff-Technik
GRIDCOM as an add-on acquisition.

About INDUS Holding AG:

Established in 1989 and headquartered in Bergisch Gladbach, INDUS Holding AG
is a leading specialist for sustainable corporate development in the
German-speaking SME sector. INDUS acquires two to three technology-oriented
and promising industrial engineering companies for the Engineering,
Infrastructure, and Materials segments annually. As a value-driven
investment company with a clear focus on defined growth topics, INDUS
provides its 44 operationally independent portfolio companies with active,
long-term support in their corporate development, especially in the fields
of innovation, market excellence, operational excellence, and
sustainability. SDAX-listed INDUS Holding AG has been included in the Prime
Standard of the Frankfurt Stock Exchange (DE0006200108) since 1995. INDUS
generated sales of around 1.8 billion euros in 2023. For more information,
visit www.indus.de.

Note:

This press release contains forward-looking statements. These statements are
based on the current views, expectations and assumptions of the management
of INDUS Holding AG and comprise known and unknown risks and uncertainties
that could cause actual results, performance or events to differ materially
from those expressed or implied in such statements. INDUS Holding AG assumes
no obligation to update forward-looking statements.



Contact:
Nina Wolf & Dafne Sanac
Public Relations & Investor Relations

INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany

Tel +49 (0) 022 04 / 40 00-73
Tel +49 (0) 022 04 / 40 00-32
E-mail presse@indus.de
E-mail investor.relations@indus.de
www.indus.de/en/


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06.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        INDUS Holding AG
                   Kölner Straße 32
                   51429 Bergisch Gladbach
                   Germany
   Phone:          +49 (0)2204 40 00-0
   Fax:            +49 (0)2204 40 00-20
   E-mail:         indus@indus.de
   Internet:       www.indus.de
   ISIN:           DE0006200108
   WKN:            620010
   Indices:        SDAX
   Listed:         Regulated Market in Dusseldorf, Frankfurt (Prime
                   Standard); Regulated Unofficial Market in Berlin,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate
                   Exchange; Vienna Stock Exchange
   EQS News ID:    1919731

End of News EQS News Service
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1919731 06.06.2024 CET/CEST